International Tower Hill Stock Revenue
| ITH Stock | CAD 0.64 0.01 1.54% |
International Tower Hill fundamentals help investors to digest information that contributes to International Tower's financial success or failures. It also enables traders to predict the movement of International Stock. The fundamental analysis module provides a way to measure International Tower's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to International Tower stock.
| Last Reported | Projected for Next Year |
International | Revenue |
International Tower Hill Company Revenue Analysis
International Tower's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Historical and Projected quarterly revenue of International
Projected quarterly revenue analysis of International Tower Hill provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of International Tower match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in International Tower's stock price.
International Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for International Tower is extremely important. It helps to project a fair market value of International Stock properly, considering its historical fundamentals such as Revenue. Since International Tower's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of International Tower's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of International Tower's interrelated accounts and indicators.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, International Tower Hill reported 0.0 of revenue. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The revenue for all Canada stocks is 100.0% higher than that of the company.
International Tower Hill is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 76.64 Million. International Tower adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.International Tower Current Valuation Drivers
We derive many important indicators used in calculating different scores of International Tower from analyzing International Tower's financial statements. These drivers represent accounts that assess International Tower's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of International Tower's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 101.1M | 262.0M | 143.2M | 83.0M | 74.7M | 98.3M | |
| Enterprise Value | 94.2M | 249.0M | 135.4M | 78.2M | 70.3M | 83.0M |
International Fundamentals
| Return On Equity | -0.0586 | ||||
| Return On Asset | -0.0365 | ||||
| Current Valuation | 125.36 M | ||||
| Shares Outstanding | 199.69 M | ||||
| Shares Owned By Insiders | 0.51 % | ||||
| Shares Owned By Institutions | 71.91 % | ||||
| Number Of Shares Shorted | 74.68 K | ||||
| Price To Earning | (14.65) X | ||||
| Price To Book | 1.60 X | ||||
| EBITDA | (101.85 K) | ||||
| Net Income | (3.4 M) | ||||
| Cash And Equivalents | 4.85 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 234.95 K | ||||
| Current Ratio | 19.21 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (3.19 M) | ||||
| Short Ratio | 5.60 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 2.0 | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 127.8 M | ||||
| Total Asset | 57.38 M | ||||
| Retained Earnings | (269.56 M) | ||||
| Working Capital | 1.76 M | ||||
| Net Asset | 57.38 M |
About International Tower Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze International Tower Hill's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Tower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Tower Hill based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with International Tower
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Tower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Tower will appreciate offsetting losses from the drop in the long position's value.Moving together with International Stock
Moving against International Stock
The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Tower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Tower Hill to buy it.
The correlation of International Tower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Tower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..